What the Financial Markets Are Predicting for 2023

Even if this recession is well expected, it will nonetheless have a significant impact. According to Barclays Capital Inc., the year 2023 will be one of the worst for the global economy in the past four decades. The probability of a severe worldwide recession is calculated at 65% by Ned Davis Res...

Ahead of the most recent U.S. jobs reading, Asian stock markets decline

On Friday's Asian stock market action was uneven ahead of U.S. jobs data that could support Federal Reserve plans for larger interest rate increases to curb rising inflation.

Seoul, Tokyo, and Hong Kong all withdrew as Shanghai moved forward. Over $1.50 per barrel was added to the p...

To Meet EU Regulations Google Will Offer Alternative Billing Methods

As per the new regulations of the European Union, Google has proclaimed to facilitate its European users with alternative payment methods for the Google Play application.

This announcement was made in recognition of the recent Digital Markets Act which called for Google Play and similar...

In the upcoming twelve months, 66 per cent of Singaporean businesses intend to expand into new markets

Following the lessons learnt from the epidemic, businesses all around the world, including Singapore, are preparing significant investments in digital technologies to support ambitious expansion ambitions. According to recent findings from Equinix, Inc.'s annual survey of 2,900 technology dec...

According to the EU antitrust chief, big IT is now regulated like banks

"The Digital Markets Act (DMA) will (now) define the rules of the game for corporations who act as gatekeepers," EU competition head Margrethe Vestager told reporters hours after the bill was enacted.

This was "done a long time ago in areas such as finance, telecommunicat...

The impact of Russia's invasion of Ukraine on energy markets

Gulf oil and gas producers may strive to grab market share from Russia while also providing Europe with energy stability.

While the United States expands its LNG export capacity to Europe, the Gulf will be the main spare capacity producer for both LNG and oil. In this regard, three nati...

In mid-March, NMC Healthcare is anticipated to emerge from administration

As a result of the appointment of a new board, NMC Healthcare is likely to emerge from administration around the middle of March, according to a senior official.

Michael Davis, CEO of NMC Healthcare, said the business is open to acquisitions that would support its development plan, but ...

El Salvador has already bought 400 bitcoins, worth $ 20 million

Highlights

• El Salvador is the world’s first country to legalize Bitcoin
• The country has purchased 400 Bitcoins before its roll-out

El Salvador becomes the first country to adopt Bitcoin as legal tender on Tuesday. This is the b...

SOUTH KOREA OIL IMPORT SURGED

Highlights:

• The US crude oil exports have surged as South Korea's flow has surged after a multi-year low the week before.
• The average oil imports to South Korea averaged 933,655 b/d which is the highest weekly average since Jan 24, 2020.

SOUTH KOREA STOCK MARKET TO SLUMP FURTHER

Highlights:

• The South Korean stock market has slumped on Monday with a fall of almost 130 points which is equivalent to 4.2 percent. 
• The KOSPI settled just above 3,130 point plateau and it is expected to slump further.
• Major losses ar...

EUROPEAN STOCK MARKET SLUMP

Highlights:

• The European stock market has slumped on Thursday as the markets across the globe are tensed due to the latest US inflation data. 
• European markets have followed the negative trend which can be seen in the Asia-Pacific region.
...

UN: INDIA GDP EXPECTS TO SURGE 7.5% IN 2021

Highlights: 

• The United Nations (UN) has surged India’s growth forecast to 7.5 percent in 2021, however, they also predicted that India’s outlook for the year will remain fragile.
• The forecast has grown by 0.2 percent from its project...

SENSEX ENDS THE DAY WITH A SURGE OF 272 POINTS

Highlights:

• The benchmark S&P BSE Sensex rolled between a band of 400 points.
• The BSE ended the day with a surge of 272 points which is equivalent to 0.5 percent and settled at 48, 950.
• On NSE, the 50 share index surged by 107 points wh...

AUSTRALIAN STOCKS CLOSED LOWER ON MONDAY

Highlights:

• The shares of Australia have closed lower on Monday
• The S&P/ASX 200 has been decreased by 0.21 percent to 7,045.6 points

On Monday, the shares of Australia has been decreased in the holiday-thinned trade, as the inves...

AUSTRALIAN STOCK MARKET CLOSED LOWER ON TUESDAY

Highlights:

• The stock market of Australia has been closed lower on Tuesday
• The S&P/ASX index has been closed 0.1 percent lower after gaining around 0.5 percent in the early trading

The stock market of Australia has surrendered th...

AUSTRALIA URGED TO EXPAND THE MINING EXPORT MARKETS

Highlights:

• Australia has urged for the expansion of the mining export markets
• Gold, iron ore, nickel and bauxite had also been listed as the commodities that are most dependent on a single market

The mining industry of Australia is ...

UK STOCK MARKET CLOSED LOWER ON THURSDAY

Highlights:

• The stock market in the United Kingdom closed lower on Thursday
• The FTSE 100 of London has been dropped on Thursday as it has been dragged down by miners on concerns about rising bond yields

The FTSE 100 of London has bee...

EUROPEAN STOCK MARKET CLOSED HIGHER ON TUESDAY

Highlights:

• The European Stock has been closed higher on Tuesday
• The pan-European Stoxx 600 has been increased by 0.4 percent along with the stocks of the construction and materials that have been increased by 0.9 percent
• The stocks of the ...

EUROPEAN STOCK MARKET CLOSED HIGHER ON MONDAY

Highlights:

• The European Stocks have been closed higher on Monday
• The pan-European stoxx 600 has also been increased by 1.4 percent along with the stocks of retail increased by 2.r percent

The European stock market has been closed hi...

EUROPEAN STOCK MARKET REMAIN BUOYANT ON TUESDAY

Highlights:

• The European Stock market have remained buoyant lower on Tuesday
• The pan-European Stoxx 600 has been decreased by 0.9 percent along with FTSE 100 of London, which was just below flat

On Tuesday, the European stock market ...